**Summary of Jet2 PLC Half-Year Financial Report (November 2025)**
Jet2 PLC reported strong half-year results for the period ending September 2025, highlighting continued growth, record passenger numbers, and improved profitability. Key highlights include
1. **Financial Performance**
Revenue increased by 5% to ยฃ5.34 billion, driven by a 750,000 rise in passengers to 14.09 million (40% <mark style="background-color:yellow">above</mark> pre-pandemic levels).
Operating profit grew by 2% to ยฃ715.2 million, with basic earnings per share (EPS) up 8% to 300.4p.
Profit after taxation rose by 1% to ยฃ600.2 million.
2. **Strategic Expansion**
Secured slots for a new base at London Gatwick Airport, operational from March 2026, targeting 15 million potential customers.
Continued growth at Bournemouth and London Luton bases, with 23 new Airbus A321neo aircraft operational in Summer 2025.
3. **Operational Resilience**
Strong cash position with ยฃ3.35 billion in cash and money market deposits, despite a ยฃ250 million share buyback in April 2025.
Announced a new ยฃ100 million share buyback program and increased the interim dividend by 2.3% to 4.5p per share.
4. **Customer Focus**
High customer satisfaction levels (over 90%) and net promoter scores in the mid-60s.
Launched Jet2FlightPath, a fully funded pilot training program, and enhanced myJet2 membership benefits.
5. **Sustainability and Innovation**
Committed to environmental initiatives, including collaboration on Sustainable Aviation Fuel (SAF) and airspace modernization.
Piloting AI-driven revenue management system to optimize pricing.
6. **Outlook**
Full-year expectations remain in line with market forecasts, excluding start-up costs for London Gatwick.
Capacity growth planned for Summer 2026, with over 900,000 seats at London Gatwick and measured growth at existing bases.
Jet2 PLC remains confident in its growth prospects, supported by its differentiated service, strong brand, and strategic investments.
Hereโs an HTML table comparing the financials and debt year on year for Jet2 PLC based on the provided text:
### Explanation:
1. **Revenue**: Increased by 5% from ยฃ5,085.4m in HY25 to ยฃ5,342.2m in HY26. 2. **Operating Profit**: Increased by 2% from ยฃ701.5m in HY25 to ยฃ715.2m in HY26. 3. **Profit Before FX Revaluation and Taxation**: Increased by 1% from ยฃ772.4m in HY25 to ยฃ780.0m in HY26. 4. **Profit Before Taxation**: Increased by 1% from ยฃ791.4m in HY25 to ยฃ800.3m in HY26. 5. **Profit for the Period After Taxation**: Increased by 1% from ยฃ592.9m in HY25 to ยฃ600.2m in HY26. 6. **Basic Earnings Per Share**: Increased by 8% from 279.3p in HY25 to 300.4p in HY26. 7. **Interim Dividend Per Share**: Increased by 2% from 4.4p in HY25 to 4.5p in HY26. 8. **Total Cash and Money Market Deposits**: Decreased by 7% from ยฃ3,596.4m in HY25 to ยฃ3,354.4m in HY26. 9. **Total Debt**: Decreased by 5% from ยฃ1,334.8m in HY25 to ยฃ1,269.2m in HY26. 10. **Net Cash**: Decreased by 8% from ยฃ2,261.6m in HY25 to ยฃ2,085.2m in HY26. This table provides a clear comparison of key financial and debt metrics between HY25 and HY26.